Article 3 Value bands and ratiosI1
United Kingdom
For the purposes of paragraph 4 of Schedule 2 to the Bank of England Act 1998 (cash ratio deposits), the value bands and the ratios applicable to them, expressed as a percentage, are as follows:
| Value band | Ratio |
| £0-£500 million | 0% |
| Over £500 million | 0.11% |
Annotations
Commencement
- I1
Art. 3 in force at 2.6.2008, see art. 1